Dec 18, 2012 3:00pm EST
in august for 138% gain. as sold ross stores in september for 149% gain. i have moved on into other sectors. i think knowing when to sell a stock is about as important as what to buy and when to buy it. when the sentiment turns on a sector, like it has on these gunstocks, it reminds me of the tobacco industry about ten or 15 years ago. i remember when philip morris went down to nine tomentum dollars per share. sentiment is a big part of investing in the market, and you don't want to be on the wrong end. liz: absolutely. would you say right now it's very much a wrong and then do these names ever recover from something as terrific as this? >> i think it will be of long time. no one knows where this will lead. i think a lot of the sporting goods stores will step away from the gunstocks. who knows. maybe they go after the gunmaker's reliability. maybe the restrictions did a lot tighter on buying guns. i don't think you can stop the kind of violence that we saw by limiting guns. i mean, what is to prevent a guy from strapping a bomb on to himself and walking into something very similar. but in t
Dec 20, 2012 3:00pm EST
.j. maxx, ross, i don't know, is one area doing benter than another right now >> >> i think the analogy of a barbell works. the low eed discounts doing well, and the high end. it's the people in the middle struggling for the right business model. >> you have a juicy dividend, 4.3%, but we have to let people know taxed at a regular income rate so if something happened in the fiscal cliff discussions, you're already taxed at 35%. >> exactly right making these dividends look better as ordinary taxes go up. >> absolutely. important point, folks, and bet ere than your savings account or treasury yield. 4.3%. what's not to love? good to see you. >> thank you, liz. liz: happy holidays. >> thank you. liz: closing bell ringing in 28 minutes. if you're trying to figure out who the winners in retail for the holiday season are, and, yeah, losers, too, you may need an edge, maybe somebody doing the leg work for you. don't lift a peter. wedon't lift a finger, we have peter to do that, and he'll tell you what's hot and not. his fund beat the s&p500 by the wide margin, year after year, coming up next.